I am a Yapper and I use @defidotapp 100 M $HOME tokens up for grabs during the campaign period and that's 1% of token supply as part of Season 2 of Defi App (Kaito announcement in next post) But you know the best part? We have a proposal to buy back 1.5 times the tokens distributed to Yappers weekly from the market.... So for every 1 HOME given to a Yapper, the Defi App DAO Treasury buys 1.5 HOME from the market This proposal has come up for voting and will hopefully pass as it is deflationary and good for the token ... and my vote's for it
187M $HOME buybacks now live in DIP-005. The proposal recommends buying back 150% of what’s distributed in the @KaitoAI campaign. That means for every token unlocked by Kaito yappers, the DAO buys 1.5 from the market. A 125M $HOME campaign, turned deflationary. 👇
664
25
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.